JA Solar (JASO) Cuts 2009 Estimates, Off 8% AH

Posted by Tate Dwinnell | # |
11:52:31 pm on February 11, 2009

JA Solar (JASO) is down nearly 10% in after hours trading after cutting estimates for 2009.  The company said that due to macro economic conditions and tight credit markets, revenues are expected to be softer than expected and in the range of $830 – $952, vs the consensus estimates of $1.12 billion.

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